VSFG Pursues Launch of Spot Bitcoin ETF in Hong Kong
Thursday, 28 March 2024, 09:28
VSFG Aims for Innovation in Digital Assets
The Hong Kong finance firm VSFG has set its sights on introducing a spot bitcoin ETF, with plans for a potential launch in May. The firm recently disclosed that it has submitted its application for the ETF to the SFC and is currently engaging in active discussions with the local regulator.
Key Highlights:
- Spot Bitcoin ETF: VSFG's initiative could pave the way for increased investment avenues in the cryptocurrency market.
- Regulatory Progress: The firm's application filing with the SFC signals a growing acceptance of digital assets.
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